LAND-BASED Latin America regulatory update
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Ecuador’s president Daniel Noboa is once again pushing for a return of land based casinos. Noboa has been in power since November 2023 after winning a snap election. He was re- elected with a clear lead in April 2025. In January 2024 Noboa announced plans to launch a
referendum on the issue but cancelled it in the same month. Initially, Noboa included the potential return of casinos, slot halls, and sports betting as one of eleven questions sent to the Constitutional Court for approval. However, he later removed the question on gambling, stating that the timing for such a debate was inappropriate. Tis decision followed criticism from lawmakers who warned that casinos could facilitate money laundering by organised crime. However this time he is pushing for a more specific expansion of the industry with a focus on the casino sector.
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Te referendum question reads: “Do you agree to allow the operation of gaming and casino
rooms dedicated to gambling in hotels rated five stars, which will pay the state a tax of twenty-five percent (25 per cent) of their sales from this activity, for funding programs to fight chronic child malnutrition and school meals, as regulated by the National Assembly through law?” Ecuador banned all types of gambling after a referendum
was held under the administration of left wing populist Rafael Correa in 2010 who was president from 2007 to 2017. In June 2010 Correa publicly stated: "I believe that gambling and alcohol consumption lower a society's standard of living," and announced that he would "declare Ecuador free of gambling; hopefully, in a couple of months, everything will be ready." Te casino issue, which was part of a number of often
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